Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory

People Who Work For Themselves Can Make More Money

A Look at Household Net Worth and Household Income By Age Group from the 2010 Survey of Consumer Finances

Interesting fact: Do you want a financial “A” in life?  To achieve it, and rank in the top 5% of households (making you richer than 95 out of 100 families), you and your spouse need a combined pre-tax income of $205,300 and a net worth of $1,864,100. [mainbodyad]That is according to the triennial Survey of Consumer Finance, which was…

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Buying a Car Decision Tree

The Opportunity Cost of the Car You Drive Is One of the Biggest Financial Decisions You’ll Ever Make

The great thing about making decisions in life through the lens of decision trees and opportunity cost is that it allows you to focus on what you actually want. You tend to protect yourself against giving up what you really want for what you want right now.  Everything in life has an opportunity cost.  It doesn’t…

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Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory